Generally which method companies follow in stores? Like
(FIFO,LIFO,Simple AVG,Weight AVG...)

Answer Posted / raghavendra

fifo and lifo

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand--------CMTS

1953


what happens to each of the three primary financial statements when gross margin decreases?

1572


How to answer for the question, tell me about ur project? I mean in which format can i say?

1626


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

1757


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

1729






What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...

3629


I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

1580


Example for extra ordinary expenditure?

2240


Suppose the production is more and sales less then what will happen

1551


how can i make configration relation with inflation in sap

1459


How do you avoid loss situation

1493


What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

1752


• What are the types of cash flows?

1718


Accounting related interview questions on ibm

941


which kind of expenses or Income will come under direct expenses or Income ?

1607